Sugar Futures Little Higher
March New York Sugar is trading at 20.44, up 0.14 cents/lb.
May New York Sugar is trading at 20.40, up 0.14 cents/lb.
New York Sugar futures are trading just under the session highs. Trading is rangebound.
Market chatter about Brazil's supply of sugar and sugar harvest is making the rounds. Street estimates are showing that Brazil's sugar mills have hedged about 46 percent of their estimated sugar exports for the 2017-2018 season.
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Posted-In: Sugar futuresFutures Commodities Markets
